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20130113
20130121
Search Results 0 to 8 of about 9 (some duplicates have been removed)
to dominate his second. that is the nation's debt and deficit. we already reached the $16 trillion debt limit set by congress. treasury secretary tim geithner says his accounting tricks and maneuvers can only buy us a couple more months the president wants to call on congress to raise the debt ceiling without drama. he says even the threat, note to raise the debt ceiling could cause a down-tick in the nation's credit rating as it did in 2011. republicans are determined to use that leverage. it may be the only leverage they have to raise the nation's debt ceiling. in the past it has worked to demand spending cuts in exchange for raising the nation's debt ceiling. they intend to do it this time. heather? heather: a lot going on in washington. we hear rumors the president may address the issue of immigration reform. that may be one of the top priorities of his administration. is he expected to talk about that? >> reporter: perhaps but even before that the president is likely to be asked about efforts to curb the nation's gun violence with vice president biden set to give recommendations to the p
component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now i've been fighting for such a plan, one that would reduce our deficits by $4 trillion over the next decade which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make in people and education and job training, science medical research, all the things that help us grow. now, step by step we've made progress toward that goal. over the past two years, i've signed into law about $1.4 trillion in spending cuts. two weeks ago, i signed in a law more than $600 billion in new revenue by making sure the wealthiest americans begin to pay their fair share. when you add the money that we'll save in interest payments on the debt, altogether that adds up to a total of about $2.5 trillion in deficit reduc
. >> reporter: the president is gearing up for fights on gun control, deficit reduction, with likely deep defense budget cuts and immigration reform. on tuesday, we will know whether the vice-president will recommend an assault weapons ban. most doubt he will go that far and will look for stronger background checks. on immigration, the president looks likely to get more bipartisan support, with republicans, such as senator marco rubio, presenting similar measures to create a path to citizenship for the current 12 million illegal americans. >> thank you very much. senator lindsay graham isn en route to our studio. i will ask him about gun control and the debate and the cabinet recommendations. send us your questions for senator graham. we will ask him some of your questions. that live interview is in our next hour. in congressional democrats believe it does matter when it comes to the 14th amendment and the debt. listen to this. >> i can say that this administration does not believe that the 14th amendment gives the president the power to ignore the debt ceiling. >> shannon: all right sm.
't have a deficit and debt crisis the way we do right now. let's be fair about the facts. we are in a debt crisis. however, when something like this happens, it's an exception to the rule. these people are hurting. they need the help of the federal government, and that's what we're going to deliver today. the bottom line is we're going to move forward and get this done. >> you know, i have been blessed to get to know some of the really good people up in your borough like teddy atlas and your borough president. they're doing great work. tell us how bad it is. we're looking at pictures of the people under water during the flood. have just been devastated. i saw some of that stuff on your own island of staten island a couple weeks ago, it was really rough. >> it's horrendous. this is a war zone. let me be clear, don't forget about -- you see homes crushed. you see people's personal belongings wiped out to sea, but there's also emotional scars that you cannot see. just this past weekend i had a mother tell me her children are deathly afraid when it rains because they think there's going to be
politicians and the commanders on the ground are creating a large deficit of trust. after "rolling stone" interview in which mcchrystal slammed obama and members of the administration, he was forced to resign. he said he did not end as he would have wished. today he says he has moved on with his life and is now free to speak his mind. >> afghanistan is hard. it's always been hard. if you study their history, it's never anything but complex and difficult. >> i spent a career carrying typically an m-16 and later an m-4 carbine. i personally don't think there is any need for that kind of weaponry on the streets, and particularly in and around the schools in america. i like the fact that chuck hagel has had his feet in the mud as a soldier. i like the fact that he's had a lot of background. >> joining me now is the former top commander in afghanistan, retired general stanley mcchrystal. he has a brand-new memoir called "my share of the task." general, nice to see you. >> good to see you, chuck. >> we have heard you on a number of topics. it was interesting on the assault weapon. i want to st
, the nation we need to rebuild is our own. we have to grow our economy and shrink our deficits. we have to create new jobs and boost family incomes. we have to fix our infrastructure and our immigration system. we have to protect our planet from the destructive effects of climate change. we need to protect our children from the horrors of gun violence. host: the president in his weekly address, touching on some of the things that will come up in his state of the union address, scheduled for next february. this point and our twitter page -- from "the new york times sunday magazine, an interview with president shimon peres of israel. let me share with you when -- one wuote -- in the end, if nothing works, the president will use military power against iran. i am sure of it. that is an interview with shimon peres, the discussion of u.s.- israeli relations and the situation in iran. that is available online as well. let's go back to your calls on the issue of congress being bypassed to raise the debt limit. the hill newspaper, a letter written by senate democrats -- they sent a letter to the
, and a deficit of $1.4 trillion to $1.6 trillion per year. we're spending $1.6 million per year than we're bringing in. >> you've accused the president of using scare tactics. what do you mean by that? do you think he's lying about what could happen? >> the thing is, you know what, first of all it's not congress that determines if we default. it's the treasury so i guess that would be secretary timothy geithner if he's still there. it would be the treasury that would decide but we have enough money to pay the interest on our debt, i believe it's $2.5 trillion comes into the treasury every year. that's enough money to pay the interest on the debt. we're not going to cut off payments to seniors on their social security and medicare, and then the military -- >> you saw what happened the last time when we argued about the debt ceiling. our credit rating was downgraded. that is partisan gridlock. >> that is a massive amount of debt. >> it was because of partisan gridlock. >> i disagree. >> and congress not being able to get its act together. we've seen what can happen. >> congress needs to g
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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